PMP - RMC - PM Framework.txt

temporary. creates a unique product or service

a group of interrelated projects, managed in a coordinated way

a group of programs to achieve a specific strategic business goal

the cycle of a product's life from conception to withdrawal.

What you need to do to complete the work. It varies by industry and type of project.

What you need to do to manage the work. Includes initiating, planning, executing, monitoring and controlling, and closing.

a department that centralizes the management of projects

used to help evaluate competing demands

anyone whose interests may be positively or negatively impacted by the project

identify all of them, determine all of their requirements, determine all of their expectations, communicate with them, manage their influence

functional organization, projectized organization, matrix organization

type of organization where the company is grouped by areas of specialization

type of organization where the company is grouped by project

type of organization where functional and projectized tasks are blended

type of organization where the balance of power rests with the project manager

type of organization where the balance of power rests with the functional manager

type of organization where the power is equally balanced between the functional and project managers